bluerunner... nice one ENI... especially if they giv us some...
wasa... very tru... :-)) my take afta the brr broadcast is that the companies themselves have somewhat already agreed on things, it is now up to the local government to rubber stamp it and then it will be a formal farmin and jv... with only one month for the finalising to be hammered out, but the local government being the prime focus here, this means there is no time to actually complete any work... so either way... we have on month to wait for further indepth details, or else we will all become very impatient again.. :-((
positive palta results in the meantime would be good :))
just to add.. strengthening balance sheet would probably mean, the farmin and jv partner taking an equity interest in WHN... if it doesnt mean giving direct cash... not sure free cash will happen cos the partner will already have to waste cash on the project...
QFY Price at posting:
2.8¢ Sentiment: LT Buy Disclosure: Held
